Which method provides a visual clue to where the addition of one more factor adds little additional common variance?
A)factor loading
B)logistic regression
C)scree plot
D)y bar plot

Question

Quizplus · Accepted Answer

The scree plot is a graphical representation of the eigenvalues of the factors, which indicates the amount of variance explained by each factor. A "scree" shape is formed by a steep slope of high eigenvalues at the beginning of the plot that levels off towards the end. The point where the slope levels off indicates the number of factors that should be retained in the analysis since additional factors will not explain much more variance. Therefore, the scree plot provides a visual clue to where the addition of one more factor adds little additional common variance.

Which Method Provides a Visual Clue to Where the Addition